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It's worth noting though that this is not the final post-quantum version of Tezos or ready for production use. According to Nomadic Labs's Zaynah Dargaye, "Quantumnet gives us a space to experiment rigorously and in the open on a major topic for the Tezos ecosystem."
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Quantum computing has for long being considered a major threat to cryptos. Both Bitcoin and the market's altcoins. #Tezos is one of the many projects working towards managing this threat in the future. It has done so with the launch of #Quantumnet.
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Is this hike enough to overhaul its long-term bearish trend? No, not yet. A weekly session close above $0.080 is needed to signal that a potential bullish trend shift is underway.
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Bitcoin's correction from $87K and its subsequent consolidation around $84K had a significant impact on the market's altcoins. Many of them followed suit and fell on the price charts. Not #SEI though, with the popular crypto rallying by 9% in 24 hours.
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